PPP Loan information for Petals, inc

$26,500

Petals, inc was initially approved for PPP Loan of amount $26,500, the current approved amount is $26,500. The loan was approved on 04/08/2020 by The Cape Ann Savings Bank reported 7 jobs and $26,500 was used to fund payroll.

Petals, inc is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / Petals, inc

PETALS, INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PETALS, INC

Borrower Address

3 1ST AVE

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-4908

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26500.00

Current Approval Amount

26500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-4908

CD

MA-06

Jobs Reported

7

NAICS Code

453110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26636.18

Forgiveness Date

11/02/2020

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